Press Trust of India | Sep 7, 2015, 8:24 PM IST
India is likely to grow at 7.4 per cent this fiscal, slightly lower than the earlier estimate of 7.6 per cent, a DBS report said today adding the Reserve Bank may go for 50 bps more rate cuts amid slower growth and faster than expected pullback in inflation.
Press Trust of India | Mar 19, 2015, 9:51 PM IST
Finance Minister Arun Jaitley tonight sought to dispel doubts over the new growth figure of 7.4 per cent for 2014-15, saying said the GDP calculations are made independently by the CSO, which is a credible organisation.
Indo-Asian News Service | May 1, 2014, 3:06 PM IST
However, he clarified that the government has not set any target for economic growth for the current financial year that began April 1.
Indo-Asian News Service | Apr 20, 2014, 2:35 PM IST
Forex reserves which was $100 billion in 2004 have tripled and today stands at $300 billion, despite spiralling oil prices.
Press Trust of India | Apr 11, 2014, 5:43 AM IST
The current account deficit (CAD) is estimated to have narrowed sharply to 2.2 per cent of GDP in 2013-14, from 4.7 per cent a year earlier.
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